Santa Margalida - Muro - Artà

Located on the iconic island of Mallorca, Son Serra de Marina is a coastal paradise boasting historical prestige, with roots tracing back to Roman and Moorish cultures. Nestled in the Bay of Alcudia, this tranquil seaside village enjoys a privileged geographical location, affording visitors and residents incredible panoramic views of the Mediterranean. Among its historical sites, special mention deserves the Roman settlements and the medieval watchtower, living testimonies of its rich history. With a perfect mix of tranquility and luxury, Son Serra de Marina has grown to become one of Mallorca's most coveted real estate destinations.

Luxury Real Estate Market in Son Serra de Marina

The market for exclusive properties in Son Serra de Marina is currently strong and stable. Demand for luxury homes and apartments well exceeds supply, making properties here even more valuable. Despite the uncertain global financial climate, the political and economic situation of Son Serra de Marina has maintained its stability, allowing investors to trust their real estate investments here.

Commissions and Additional Costs

When buying a luxury property in Son Serra de Marina, several additional costs should be taken into account. The average real estate commission typically paid by a buyer is about 5% of the purchase price, while the commission paid by a seller also hovers around 5%. In addition to the purchase price, other associated costs may include transfer tax (which is 8% of the purchase price), notary fees, and possible construction inspection or legal costs.

Taxes in Son Serra de Marina

In terms of taxes, buyers should be prepared for the transfer tax on private property of a house, which is set at 10%. The wealth tax on private properties of a house is set at 1%. It's important to remember that if the property is sold, a tax on real estate gains applies. When selling a main residence, capital gains tax must be paid, although there are exemptions under certain conditions. For second homes, this tax applies regardless. For registered residents of Son Serra de Marina, income tax is progressive and is based on the level of income.

Aspects to Consider when Applying for a Mortgage

To apply for a mortgage, buyers must demonstrate stable income and the ability to meet payments. Typically, up to 80% of the purchase price can be obtained as a mortgage, although this can vary depending on the financial institution.

Living in Son Serra de Marina

Son Serra de Marina is known for its luxury properties located in residential areas with stunning views of the Mediterranean Sea and the Bay of Alcudia. It offers easy access to main roads and railways, allowing for a comfortable commute to the city of Palma de Mallorca, which is the closest city located just 60 km away. National and international airports are no more than an hour away.

Education, Culture and Services in Son Serra de Marina

The proximity to Palma also offers access to excellent educational institutions. Culturally, Son Serra de Marina is rich in history, art and traditions, with numerous museums, galleries and theaters in the surrounding region. Public infrastructure is of high quality and services are widely available, guaranteeing an easy, comfortable and luxurious life in Son Serra de Marina.

Outdoor Life and Local Events in Son Serra de Marina

Son Serra de Marina boasts an outdoor lifestyle with a variety of sports and activities available, including hiking, cycling, boating, and golf. The town hosts a number of cultural, historical and sporting events throughout the year, contributing to its lively and dynamic life.

Dining, Drinking and Luxury Shopping in Son Serra de Marina

Son Serra de Marina is home to a number of high-end hotels, award-winning restaurants, and bars with a bustling nightlife. Some of the island's most exclusive luxury shops are here, featuring international design brands and unique local boutiques. In summary, Son Serra de Marina offers a luxurious and enriching lifestyle in one of Europe's most beautiful coastal destinations, providing a unique experience where history, culture, and nature meet. Whether you're seeking a luxury getaway or a real estate investment, Son Serra de Marina is a choice that won't disappoint.